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Housing in Mena

96 homes sold in Mena in the last year, at a typical $159K

Almost every sale is a house. Below: what each kind of home sells for, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Mena homes are listed.

Homes sold
96
October 2025 to September 2026
Typical sale price
$159K
median, weighted by sales
Price per square foot
$107
Arkansas $157
Paid vs. asking
92.8%
5% sold over asking
For sale now
64
September 2026 · 6 sold that month
What sold · last 12 months

Houses are 0% of Mena’s sales, at a typical — (year to May 2026)

96 homes sold in the year to September 2026.

14 years of sales

About as many homes sell as usual, at 2.2 times the 2016 price

96 sales in the last year, against 132 in 2021 and a low of 42 in 2012. The typical sale went from $73K in 2016 to $159K.

Homes soldTypical sale price
03775112150$50K$100K$150K$200K2012: 42 sold, typical $89K’122013: 66 sold, typical $80K2014: 80 sold, typical $78K’142015: 85 sold, typical $73K2016: 92 sold, typical $73K’162017: 78 sold, typical $92K2018: 96 sold, typical $80K’182019: 96 sold, typical $87K2020: 108 sold, typical $101K’202021: 132 sold, typical $118K2022: 114 sold, typical $125K’222023: 81 sold, typical $144K2024: 98 sold, typical $138K’242025: 84 sold, typical $156KLast 12 months: 96 sold, typical $159KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What the sales history says · 14 years of sales

Bidding wars in Mena are back to pre-pandemic levels, with about as many homes for sale

We read every month of Mena’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 96 sales.

If you’re buying in Mena

  • Shop in October. It brings about 11 new listings a month, close to the busiest month, with fewer bidding wars (5% over asking).
  • Offer under asking. Buyers paid 92.8% of the list price on average; 5% paid over.
  • You’ll usually have time. Only 15% of homes go under contract within two weeks; the typical one takes 106 days.
Best time to buy

Summer brings the homes; winter brings the bidding wars

July has the most new listings (about 12 a month), but January is the most competitive: 9% of January sales close over asking. September and October offer nearly as much choice with fewer homes bid up (7%). October has the least competition (5%).

New listings a monthShare sold over asking
03.87.511.3157%13%20%Sweet spotJan: 9 new listings a month, 9% sold over asking, 124 days to sellJFeb: 9 new listings a month, 9% sold over asking, 143 days to sellFMar: 10 new listings a month, 7% sold over asking, 149 days to sellMApr: 10 new listings a month, 7% sold over asking, 132 days to sellAMay: 12 new listings a month, 7% sold over asking, 117 days to sellMJun: 12 new listings a month, 8% sold over asking, 106 days to sellJJul: 12 new listings a month, 9% sold over asking, 112 days to sellJAug: 11 new listings a month, 8% sold over asking, 123 days to sellASep: 11 new listings a month, 7% sold over asking, 131 days to sellSOct: 11 new listings a month, 5% sold over asking, 123 days to sellONov: 10 new listings a month, 5% sold over asking, 112 days to sellNDec: 9 new listings a month, 8% sold over asking, 104 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and calmer than Arkansas

Mena now2017–192021 peakAR now
Sold over askingShare of sales that closed above the list price5%6%10%12%
Gone within two weeksShare of homes under contract within 14 days15%8%17%25%
Price paid vs. askingAverage sale price ÷ list price92.8%93.4%95%96.9%
Days to sellMedian days from listing to contract1061428562
Supply

62 homes for sale on a typical day

That’s 1.7 times the 2022 low (36), about the 2017–19 level and well under 2014’s 86.

2012: 54 for sale’122013: 84 for sale2014: 86 for sale2015: 82 for sale’152016: 72 for sale2017: 74 for sale2018: 61 for sale’182019: 66 for sale2020: 51 for sale2021: 50 for sale’212022: 36 for sale2023: 49 for sale2024: 52 for sale’242025: 55 for saleLast 12 months: 62 for saleNow
Across Arkansas

Mena ranks 70th of 74 busy Arkansas markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Mena is one of the state’s calmer markets.

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Mena home costs about $886 a month

Mortgage
Property tax
Insurance
Rent

Price: Mena’s typical sale, last 12 months. Property tax at Mena’s 0.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Mena is affordable on local pay is on Cost of living.

Before you buy in Mena

Six things worth knowing

12

New listings in July

The month with the most choice. February has the fewest, about 9.

Best time to buy
0.4%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $159K home, about $680 a year.

Taxes vs. neighbors
A

Schools

The schools grade for Mena, from test results, graduation and how much students grow.

Schools in Mena
16 min

Typical commute

The average one-way trip to work for people who live in Mena.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Selling, or renting out?

Post your home to Mena, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Mena. People who follow the town see it, and so do people comparing Mena with their own town. No commission, no listing fee.

Questions about buying a home in Mena

What do homes sell for in Mena, AR?

96 homes sold in the year to September 2026 at a typical $159K, $107 a square foot.

Is Mena a buyer’s or seller’s market?

A buyer’s market: 64 homes were for sale in September 2026 and 6 sold, about 10.2 months of supply. Buyers paid 92.8% of asking on average.

When is the best time to buy in Mena?

July brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Mena?

About 0.4% of a home’s value a year. On a $159K home that’s near $680.

Where can I see homes for sale in Mena?

Zillow, Redfin, Realtor.com and Homes.com all carry Mena’s MLS listings; the search links above open each one filtered to Mena.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).